Medicare payments and cost-of-living adjustments were established in 1965 and, due to legislative obstruction by large states, which benefit most from those rates, haven’t been updated to reflect regional changes in the national economy, argued industry watcher John S. Toussaint. Should America’s healthcare industry be taking more action to hold lawmakers accountable, instead of focusing all its attention on shifting to value-based care?
Read the full Harvard Business Review op-ed here.